Ashmore Group Stock Rating Reaffirmed by Societe Generale (ASHM)
Ashmore Group (LON: ASHM)‘s stock had its “buy” rating restated by analysts at Societe Generale in a research report issued to clients and investors on Wednesday. They currently have a $6.37 (395 GBX) price target on the stock.
A number of other firms have also recently commented on ASHM. Analysts at RBC Capital initiated coverage on shares of Ashmore Group in a research note to investors on Monday. They set an “outperform” rating and a $6.45 price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “sell” rating on shares of Ashmore Group in a research note to investors on Monday, September 3rd. They now have a $4.41 price target on the stock. Finally, analysts at HSBC downgraded shares of Ashmore Group to an “underweight” rating in a research note to investors on Tuesday, August 21st. They now have a $5.08 price target on the stock.
Shares of Ashmore Group opened at 335.50 on Wednesday. Ashmore Group has a 52 week low of GBX 300.30 and a 52 week high of GBX 412.20. The company’s market cap is £2.375 billion.
Ashmore Group plc (Ashmore) is engaged in providing investment management services. The Company is a fund manager across six core investment themes, such as external debt, local currency, corporate debt, blended debt, equities, multi-strategy, alternatives and overlay/liquidity.
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